IDAHO FALLS, Idaho, June 21, 2005 (PRIMEZONE) -- Source Direct Holdings, Inc. (OTCBB:SDRT) announced today that the company has shipped an additional 50,000 units of Simply Wow(r) Pig Spit(r) to meet consumer demand for replenishment orders at the nation's No. 1 retailer.
Source Direct started shipments of their proprietary Simply Wow(r) Pig Spit(r) Motorcycle Detailer to 385 stores of the nation's No. 1 retailer on April 4th, 2005, as a result of an exclusive distribution agreement that Source Direct entered with Marden, Inc. in early 2004. Since early April 2005, the weekly replenishment orders for the 385 stores have increased by 1700% to 3,852 units with an average MSRP of $6.84 and is 1 of 5 SKU's that the nation's No. 1 retailer carries on their newly launched Motorcycle modular. Pig Spit(r) was introduced at the Sturgis Motorcycle Rally in 1994 and has won the respect of Motorcycle enthusiast around the world. Simply Wow(r) Pig Spit(r) makes black wrinkle and powder coats looks like new. It wicks in hard to reach areas like motor fins and transmissions and even eliminates those "impossible to remove" wax stains! Just spray it on and relax, no wiping is required.
Deren Smith, President of Source Direct said this; "This is a very exciting time for Source Direct. Sales of our Simply Wow(r) Pig Spit(r) remain strong as our marketing and distribution effort continues at the nation's No. 1 retailer."
Source Direct Holdings, Inc., headquartered in Idaho Falls with manufacturing in Nampa, Idaho, is a state-of-the-art cleaning technology company that manufactures and markets a proprietary line of all-purpose, all-surface, highly effective, non-toxic, biodegradable cleaning products to the multi-billion dollar consumer household, commercial industrial and private label automotive cleaning products industry. Simply Wow(r) is a registered trademark; Stain Pen(tm) and Works On The Spot(r) are trademarks of Source Direct Holdings, Inc. For additional information visit our web-site at: www.simplywow.com or contact Phil Flynn at: 800-815-8069.
Forward-Looking Statements
Certain statements contained in this press release are forward-looking statements that involve risks and uncertainties. The statements contained herein that are not purely historical are forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements deal with the Company's current plans, intentions, beliefs and expectations and statements of future economic performance. Statements containing terms like "believes," "does not believe," "plans," "expects," "intends," "estimates," "anticipates" and other phrases of similar meaning are considered to imply uncertainty and are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to differ materially from what is currently anticipated. Factors that could cause or contribute to such differences include those discussed from time to time in reports filed by the Company with the Securities and Exchange Commission. The Company cannot guarantee its future results, levels of activity, performance or achievements.